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Month: November 2022

Norfolk Southern to buy regional railroad for $1.6 billion

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — Norfolk Southern plans to buy a regional railroad it already operates from Cincinnati for $1.62 billion. The deal announced Monday will give Norfolk Southern ownership of the busy 337-mile-long Cincinnati Southern Railroad that connects Cincinnati with Chattanooga, Tennessee. Currently, a Norfolk Southern subsidiary leases the

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